U.S. Treasury 5-year note futures' net shorts hit largest in a year -CFTC data

  • 11/15/2021
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NEW YORK (Reuters) - Speculators’ net bearish bets on U.S. 5-year Treasury note futures rose to their largest since November 2020, according to Commodity Futures Trading Commission data released on Monday. Futures on U.S. five-year notes, which have come to reflect rate hike expectations, showed net shorts of 407,485 contracts based on CFTC data in the week ended Nov. 9. Meanwhile, U.S. 10-year Treasury note futures fell in the latest week. The amount of speculators’ bearish, or short, positions in 10-year Treasury futures exceeded bullish, or long, positions by 267,332 contracts last week. A week earlier, speculators held 268,669 net short positions in 10-year T-note futures, the most since February 2020. Below is a table of the speculative positions in Treasury futures on the Chicago Board of Trade and in Eurodollar futures on the Chicago Mercantile Exchange in the latest week: U.S. 2-year T-notes (Contracts of $200,000) 09 Nov 2021 Prior week week Long 345,187 329,143 Short 361,924 392,251 Net -16,737 -63,108 U.S. 5-year T-notes (Contracts of $100,000) 09 Nov 2021 Prior week week Long 258,018 317,689 Short 665,503 694,042 Net -407,485 -376,353 U.S. 10-year T-notes (Contracts of $100,000) 09 Nov 2021 Prior week week Long 491,821 496,137 Short 759,153 764,806 Net -267,332 -268,669 U.S. T-bonds (Contracts of $100,000) 09 Nov 2021 Prior week week Long 132,694 121,529 Short 160,766 154,076 Net -28,072 -32,547 U.S. Ultra T-bonds (Contracts of $100,000) 09 Nov 2021 Prior week week Long 58,213 47,132 Short 358,995 339,743 Net -300,782 -292,611 Eurodollar (Contracts of $1,000,000) 09 Nov 2021 Prior week week Long 1,581,479 1,561,061 Short 2,553,389 2,554,434 Net -971,910 -993,373 Fed funds (Contracts of $1,000,000) 09 Nov 2021 Prior week week Long 48,886 50,587 Short 116,835 113,055 Net -67,949 -62,468 Reporting by Gertrude Chavez-Dreyfuss, Editing by Rosalba O’Brien and Dan Grebler

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